As a loyal Labour party member for 30 years, I would like to congratulate Gordon Brown and Alistair Darling for bringing back clause 4 in order to restore confidence in the financial markets (Bail-out aims to put banks on the road to recovery, October 8). Although it is no longer printed on my membership card, I expect to find it on my bank statement any day now.Philip SmartIpswich, Suffolk

Assuming that a government which couldn't see the financial problem coming (and prevent it) is able to correct it by giving enormous amounts of taxpayers' money away, can we at least hope that tax loopholes will be closed to prevent the wealthy people who caused this crisis avoiding the hurt from this as well?J Huw EvansIpswich, Suffolk

So the government is borrowing £500bn to support banks that borrowed too much and allowed their customers to borrow too much. So who bails out the country in due course?Michael PritchardWatford, Hertfordshire

Can we now assume that, as the wealthy are receiving government assurances and protection, the people who lost their money in the Farepak crash will now be fully compensated?Sylvia DalyAbergavenny, Monmouthshire

Isn't economics wonderful? Our government has spent years selling off publicly owned assets and creating PFIs, as part of their unregulated, market-forces-driven doctrines of Thatcherite and Blairite monetarism, only to find that they now have to buy the banks, with our money.David LundWinscombe, Somerset

Since the banks whose irresponsibility caused the present economic mess are being bailed out by us taxpayers, it is only reasonable that we the taxpayers be protected from repossession too.Dr David WalterHereford

For the last 25 years the public sector has been told by business "experts" and their political allies that problems cannot be solved by throwing money at them. How bewildering to find that once the financial sector is threatened, that's the only possible solution.Pat OddyYarm, North Yorkshire

I am perfectly happy for public money to be given to the banks. I shall thoroughly enjoy sending them letters at £20 a go, calling them in to discuss their finances and ringing them at home when they're trying to get their kids in bed.William MerrinSwansea